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AI brief of an SEC Form 8-K · New Concept Energy, Inc. (GBR)

New Concept Energy narrows Q1 net loss to $14,000 on $39,000 in revenue

Positive Impact 3 of 5 earnings Written later

New Concept Energy reported first-quarter 2026 results for the three months ended March 31, 2026, showing a net loss of $14,000, smaller than the $20,000 loss in the same period of 2025. Revenue rose to $39,000 from $38,000, and corporate general and administrative expenses fell to $77,000 from $89,000. The results are a modest improvement on the prior-year quarter, though the company remains loss-making at this scale.

Key points

  • Net loss of $14,000 for Q1 2026, versus a $20,000 net loss in Q1 2025
  • Revenue of $39,000, including $26,000 rental income and $13,000 management fees, up from $38,000 a year earlier
  • Corporate general and administrative expenses of $77,000, down from $89,000 in Q1 2025

The filing

CompanyNew Concept Energy, Inc. (GBR)
Form8-K, current report
Filed with the SECMay 11, 2026, 4:19 PM ET
Accession number0001214659-26-005927

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 11, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.